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Maha seeks Centre's help for early Presidential nod to housing act

Trigger recent incident involving Campa Cola housing complex situated at Worli in north central Mumbai

Sanjay Jog  |  Mumbai 

Prithviraj Chavan
Prithviraj Chavan

government in a fresh appeal has sought the Centre's intervention for getting Presidential assent  for the (Regulation and Development) Act, 2012.

The trigger was the recent incident involving complex situated at in north central Mumbai wherein the Supreme Court last week  put on hold the demolition of the illegal flats in the same complex until further orders.

Chief Minister in a letter addressed today to union minister Girija Vyas said violation of Development Control Rules in case of complex came to light. However, the entire episode has brought to the focus the neeed for putting in place an effective regulator for the sector.

Chavan said the (Regulation and Development) Act, 2012 passed by the state legislature has been forward to the Centre awaiting the Presidential assent. He added that he had earlier sent communication to the Centre in this regard on July 21, 2012 and May 2, 2013.

According to Chavan, The (Regulation and Development) Act, 2012, is a comprehensive statute, which seeks to address specific issues by removing information asymmetry, ensuring full disclosure by promoters or developers and compliance of agreed terms and conditions, while registering, monitoring and supervising projects through the regulator. Further, the chief minister said that state law ensures transparency and discipline in transactions of flats, and putting a check on abuses and malpractices.

Chavan reminded that  states are entitled to enact their law as per the section 78 of the Centre's Real Estate (Regulation & Development) Bill, 2013.

First Published: Mon, November 18 2013. 18:38 IST